Bitcoin fails again at $80,000 as Ethereum nears $2,500

  • Bitcoin was rejected at $80,500 and fell below $79,000 before recovering slightly.
  • TAO rose 14% to $267, while WLD gained more than 14.5%.
  • The total crypto market capitalization stood at $2.710 trillion on CoinMarketCap.

Bitcoin was rejected at $80,500 on Monday morning and slipped below $79,000 before recovering slightly, leaving its market capitalization at $1.6 trillion on CoinMarketCap. Ethereum remained just below $2,500, while XRP defended the $1.40 level. LINK, TAO, MNT, ICP and WLD rose sharply, led by TAO and WLD gains of more than 14%, while ARB fell 13% after being rejected at $0.20. The total crypto market capitalization was essentially unchanged from the previous day at $2.710 trillion.

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